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absolutely, overtime, this is a long-term change in the economy. there are fewer people in the workforce. it is unclear where that is going to go. it is not realistic to think everyone who had a job best recession will have a job after the recession. a lot of the jobs are gone. that reflects major change happening in the machinery of the economy. that will take a long-term to lay out. >>trace: thank you, rick, good to see you. the deadly attacks in libya exposing aist between the obama administration and high ranking intelligence officials. what we are leng -- learning about the internal debate that followed the murder of four americans. and a recall of potentially contaminated drug expands, the latest meningitis cases are ahead. i'm only in my 60's... i've got a nice long life ahead. big plans. so when i found out medicare doesn't pay all my medical expenses, i got a medicare supplement insurance plan. [ male announcer ] if you're eligible for medicare, you may know it only covers about 80% of your part b medical expenses. the rest is up to you. c
absolutely, overtime, this is a long-term change in the economy. there are fewer people in the workforce. it is unclear where that is going to go. it is not realistic to think everyone who had a job best recession will have a job after the recession. a lot of the jobs are gone. that reflects major change happening in the machinery of the economy. that will take a long-term to lay out. >>trace: thank you, rick, good to see you. the deadly attacks in libya exposing aist between the obama...
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Oct 1, 2012
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romney only leads on handling the deficit but the two are split on the economy. obama is leading on medicare, health care. people find his international policies doing a little bit better, as well. the romney campaign is trying to cut into the margins and what has been obama's strength, to bring that down ahead of the debate on wednesday which will focus on domestic policy which is interesting that romney is going after foreign policy this week. >>shepard: i found it interesting, as well, but based on what has happened the last couple of weeks, i guess governor romney and his team think we have an opportunity here, why not seize it? >>guest: absolutely. we saw the op-ed today from romney. that's a point of weakness for obama at this point. so the romney campaign will go after that. foreign policy will be a big issue with only a little over a month to go. >>shepard: thank you, great to see you. >> administration folks are trying to figure out how the deadly attacks in benghazi occurred. a suicide bombing in afghanistan pushes the american casualty count beyond a g
romney only leads on handling the deficit but the two are split on the economy. obama is leading on medicare, health care. people find his international policies doing a little bit better, as well. the romney campaign is trying to cut into the margins and what has been obama's strength, to bring that down ahead of the debate on wednesday which will focus on domestic policy which is interesting that romney is going after foreign policy this week. >>shepard: i found it interesting, as well,...
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Sep 28, 2012
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the economy was different then. today, governor romney attempted to drive home the point that proposed budget cuts will hurt the state. >> someone has calculated how many jobs will be lost in pennsylvania if the trillion dollars in cuts go through. it is 39,000 jobs. we cannot afford that. we recognize the consequence of what the president is doing is severe for the people in pennsylvania, severe for the entire nation and, in fact, because of the world's demand for american leadership, it is severe to the entire world. >>shepard: the governor could have his work cut out for him. the most recent real clear politics average of the national poll shows rebound with an eight-point advantage in that state. carl cameron is in boston. governor romney continued on the attack on foreign policy today. >>carl: he was at the university which was a strong back drop for it and had a conversation with israeli prime minister binyamin netanyahu seconds after the president. as he addressed that group, governor romney went after the pr
the economy was different then. today, governor romney attempted to drive home the point that proposed budget cuts will hurt the state. >> someone has calculated how many jobs will be lost in pennsylvania if the trillion dollars in cuts go through. it is 39,000 jobs. we cannot afford that. we recognize the consequence of what the president is doing is severe for the people in pennsylvania, severe for the entire nation and, in fact, because of the world's demand for american leadership, it...
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economy responding to increased consumer demand. carmakers, both foreign and domestic, are adding literally thousands of jobs to their u.s. plants. in addition to new highs they're also bringing back some experienced workers who were laid off during the recession. although some of these experienced workers may find it's not exactly the same job when it comes to payday. listen. >> the benefits packages have definitely been lower and a lot of those plants are not unionized. so that has been some of the discussion. uaw has been interested in unionizing some of those plants. so far all of them have resisted. >> reporter: even union shops have agreed to lower pay and benefits as part of the restructuring of the big three automakers but the increase in auto manufacturing jobs is expected to have multiplier effect in other parts of the economy. the center for automotive research estimates each job at a car plant generates nine additional jobs at other businesses such as restaurants, advertising firms and parts suppliers. according to the r
economy responding to increased consumer demand. carmakers, both foreign and domestic, are adding literally thousands of jobs to their u.s. plants. in addition to new highs they're also bringing back some experienced workers who were laid off during the recession. although some of these experienced workers may find it's not exactly the same job when it comes to payday. listen. >> the benefits packages have definitely been lower and a lot of those plants are not unionized. so that has been...
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a new private survey by adp showing the economy may be slowing. it's reported that businesses added fewer workers last month, 162,000 in september compared to 19,000 in august. that is well below what economists say is needed to rapidly britt unemployment rat bring the unemployment rate down. bill: hours away from the first presidential debate. with me now andrea saul, press secretary for the romney campaign, and ben louisian ben labolt. from the obama campaign. what does the campaign say about the speech of 2007, june of that year? >> i've got to tell you, mitt romney's allies in a desperate attempt to change the subject from a video in which mitt romney wrote off half of the american people, are circulating a video that was covered by the campaign press core at tha corp. and in it the president talks about what happens in inner city communities when people have given up hope. i don't -- bill: do you think this is prom no's fault? >> i certainly think that his allies thought that this would be helpful. i've got to tell you if the romney campaign
a new private survey by adp showing the economy may be slowing. it's reported that businesses added fewer workers last month, 162,000 in september compared to 19,000 in august. that is well below what economists say is needed to rapidly britt unemployment rat bring the unemployment rate down. bill: hours away from the first presidential debate. with me now andrea saul, press secretary for the romney campaign, and ben louisian ben labolt. from the obama campaign. what does the campaign say about...
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Oct 4, 2012
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i call it the economy tax. it has been crushing. >> the cand dates will meet again on october caneth for debate number two. and up first, the only vice-president debate between the respect and paul ryan. >> that's the one we all want to see. thank you so much. >> the president and mitt romney not veering from their messages and taking every chance they could to hit one another on the policies. >> i know that you and your running mate is saying that and it is popular thing to say but it is not the case. i got five boys and i am used to people saying something that is not always true but keeping on repeating it and hoping i will believe it. that's not the case. i will not reduce taxes paid by high income americans. >> the fact is, if you low are the rates the way you describe, governor, it is not possible to come up with enough deductions and loop holes that only affect high income individuals to avoid raising the deficit or burdening the middle class. it is math. it is arithmetic. >> don't forget you put 90 bill
i call it the economy tax. it has been crushing. >> the cand dates will meet again on october caneth for debate number two. and up first, the only vice-president debate between the respect and paul ryan. >> that's the one we all want to see. thank you so much. >> the president and mitt romney not veering from their messages and taking every chance they could to hit one another on the policies. >> i know that you and your running mate is saying that and it is popular...
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martha: back to the economy now. there are dramatic new numbers that we got on economic growth this week that really show a stagnant economy. initially gdp growth estimate was up 1.7%, which is not a good number. you want to be north of 2% if you're going anywhere in this economy. then they took it down to the actual number which we got yesterday which got very little attention, really. 1.3% is the down regard revision on gdp for the second quarter. meanwhile the country is heading towards what has been talked about so much, the fiscal cliff that will kick in when we get into 2013, when the bush tax cuts expire and we've got 600 billion in spending cuts waiting around the corner. bob woodward talked about this. he talked about the efforts to avoid the fist alcliff and basically said that his reporting reveals that they have hit a wall because the president has a failure to community with lawmakers according to bob woodward, here is what he said. >> most of the most astonishing things is he doesn't have that relations
martha: back to the economy now. there are dramatic new numbers that we got on economic growth this week that really show a stagnant economy. initially gdp growth estimate was up 1.7%, which is not a good number. you want to be north of 2% if you're going anywhere in this economy. then they took it down to the actual number which we got yesterday which got very little attention, really. 1.3% is the down regard revision on gdp for the second quarter. meanwhile the country is heading towards what...
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gregg: steve, on the economy specifically, a majority of voters disapprove of the handling of the economy by the president. take a look at this. almost 60% think his economic policies have actually hurt the economy or made no difference at all and that of course is by far the number one issue yet 50% say he deserves to be reelected. do you think, steve, people believe the bill clinton argument that nobody, no president, could have actually solved this in four years? >> yeah, i do think that had some effect. there is no question that president obama came out of the conventions with a little bit of momentum. you talk, it is not only showing up in the public polling that we're talking about here today but talk to republican pollsters polling on senate and house races and they will talk about what they call the clinton bump. they have seen it across polling in various parts of the country that voters who are asked a question is the country on the right track, is the country on the wrong track, which most pollsters believe the single best determiner ho will win in november, there was a jump in
gregg: steve, on the economy specifically, a majority of voters disapprove of the handling of the economy by the president. take a look at this. almost 60% think his economic policies have actually hurt the economy or made no difference at all and that of course is by far the number one issue yet 50% say he deserves to be reelected. do you think, steve, people believe the bill clinton argument that nobody, no president, could have actually solved this in four years? >> yeah, i do think...
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handling the economy? vi% approve. 51% disapprove. brit, while right track/wrong track is narrowing there is still real negative numbers in the polls for president obama. >> well, for romney to have a chance, there better be. because that is the issue that is central. he had been gaining ground on the issue in a way a lot of people thought wasn't possible. if he has begun to retreat, romney needs that to happen. he needs to emerge from the whole campaign, the debates part of them as the person with the ability and the stronger plan for the economy. because this is not an economy that people find to their liking. not agreeable to people. that is where romney needs to be strong. >> bret: chuck, their target audience tonight? >> maybe state of ohio. i really mean that. without ohio, romney, most scenarios just can't win. he is going to have to come up with a message that tips ohio his way, and doesn't leigh out or ail yep nate anyone else -- alienate anyone else. he does seem to be trailing by a significant m
handling the economy? vi% approve. 51% disapprove. brit, while right track/wrong track is narrowing there is still real negative numbers in the polls for president obama. >> well, for romney to have a chance, there better be. because that is the issue that is central. he had been gaining ground on the issue in a way a lot of people thought wasn't possible. if he has begun to retreat, romney needs that to happen. he needs to emerge from the whole campaign, the debates part of them as the...
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a big part of his record handling the economy is here. now denver will decide if he gets another four years. he leaned on bill clinton to make the case this is no way he could have turned this around in four years. >> the economy is not fixed. i am telling you, nobody could have fixed this much damage in four years. the president's mock plan is better in the short run, the long run and a vision where all of us in this together is better than you be often your own. there is no on your own country in the world succeeding like those who have a good "we are all in this together" strategy. >>reporter: the order of questions is decided. the president gets the first. the problem with the argument that former president clinton made in 2009 president obama said if he didn't turn this around in 3 or 3 1/2 years it would be a one-term proposition. something governor romney will point out. >> the governor aides say -- the obama camp will focus on the economy, taxes and the deficit and will hit romney hard on the idea that bill clinton has been making
a big part of his record handling the economy is here. now denver will decide if he gets another four years. he leaned on bill clinton to make the case this is no way he could have turned this around in four years. >> the economy is not fixed. i am telling you, nobody could have fixed this much damage in four years. the president's mock plan is better in the short run, the long run and a vision where all of us in this together is better than you be often your own. there is no on your own...
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just go right back to the economy. throw numbers out there. just stay on this. >> andrea: going tough and hard. but he can't go too hard and too tough, then the media says he's angry, now he's an angry rich man. >> bob: come up with the numbers you talk about. obama has to defend numbers but so does romney. >> eric: what number does he have to defend? >> bob: how he will cut taxes and balance the budget? >> dana: he has a good answer. obama has a tougher time explaining how in 2008, he ran on one thing regarding taxes. in 2010 he changed his mind to protect his tail. then now his whole plan is against what he said in 2010, is worst thing to do for the country. >> bob: that debate has been out there and argued over and over for four years. the question is how romney says he will, not going to lose money cutting taxes because he is going to take away loopholes. he refuses to answer one question about the loophole. obama will push him. he should. >> greg: mitt has to say why did you cancel pipeline with 8.2% unemployment? >> bob: i'll answer if t
just go right back to the economy. throw numbers out there. just stay on this. >> andrea: going tough and hard. but he can't go too hard and too tough, then the media says he's angry, now he's an angry rich man. >> bob: come up with the numbers you talk about. obama has to defend numbers but so does romney. >> eric: what number does he have to defend? >> bob: how he will cut taxes and balance the budget? >> dana: he has a good answer. obama has a tougher time...
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we can either have a dynamic growing economy that produces opportunity or we can have a stagnant economy that fosters dependency. stick with the failed policies of the last four years for the next four years or get a brighter future. stagnation versus growth. dependency versus opportunity and upper mobility. that is the classic choice and clear difference that we are offering and what we hope people get out of this this debate is that choice. >> chris: it is interesting because for the last six months the romney campaign said this is a referendum on barack obama's record and now you are saying it is a choice. >> it is not a change in strategy. a phase of the campaign we now entered into. i think it is important. the president is trying to paper over his problems and has been trying to mislead and distort the record. it is a failed record. we think it was very important to point that out. look at unemployment. look at our poverty rates and the 23 million people struggling for work. now, at this phase of the campaign we think it is critical that people understand it doesn't have to be this
we can either have a dynamic growing economy that produces opportunity or we can have a stagnant economy that fosters dependency. stick with the failed policies of the last four years for the next four years or get a brighter future. stagnation versus growth. dependency versus opportunity and upper mobility. that is the classic choice and clear difference that we are offering and what we hope people get out of this this debate is that choice. >> chris: it is interesting because for the...
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and future economies. let me play a clip from wednesday's debate. >> i think it's, frankly, not moral for my generation to keep spending massively more than we take in knowing those burdens are going to be passed on to the next generation, and they're going to be paying the interest and the principle all their lives, and the amount of dead we're adding at a trillion a year is simply not moral. >> which brings us to your provocative article in the national journal, generational warfare, the case against parasitic baby boomers. you start reading it and it says i love my father, there's a lovely picture of your father and you accuse him and all the other parasite his age of breaking the sacred bargain that every generation will pass a better country on to their children than the one they inherited. and then he kind of kicks your butt in the argument when you try to point out point by point. tell us why you wrote this article. >> well, first off, i'd like to point out i win at the end. secondly, he also wins b
and future economies. let me play a clip from wednesday's debate. >> i think it's, frankly, not moral for my generation to keep spending massively more than we take in knowing those burdens are going to be passed on to the next generation, and they're going to be paying the interest and the principle all their lives, and the amount of dead we're adding at a trillion a year is simply not moral. >> which brings us to your provocative article in the national journal, generational...
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only the general topics, economy, healthcare and government. those have been formulated by moderator jim lehrer. the role of government will be discussed. it opens the door to topics outside the economy or economic matters. and we would love for to you join me, bret baier and the rest of our fox news political team for complete analysis. we start at 5 of 9:00. 8:55 p.m. our special coverage begins. we'll take you into the debate. we'll watch it together and then we'll have our post-game analysis with our full panel for all the perspective you need after. brand-new developments on a story that first broke during "america live" yesterday. we heard on orders from president obama the justice department bought an unused prison in illinois. that immediately raised suspicions for some that move to bring gitmo terror detainees to u.s. soil, that's where the obama administration wanted to bring them until congress shut them down. they claim this prison will not be used to this end and congress passed a law preventing that. prevented the funds that would
only the general topics, economy, healthcare and government. those have been formulated by moderator jim lehrer. the role of government will be discussed. it opens the door to topics outside the economy or economic matters. and we would love for to you join me, bret baier and the rest of our fox news political team for complete analysis. we start at 5 of 9:00. 8:55 p.m. our special coverage begins. we'll take you into the debate. we'll watch it together and then we'll have our post-game...
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both campaigns are seeing in their focus groups and polling, which is that people don't feel like the economy is great. maybe it's a certain percentage. >> right. >> feels like it's getting better, but 63% of the country think things are going in the wrong direction, it might be a mistake for the obama campaign to come out and tout this too much to look like they're praising something that really isn't that good? >> it doesn't seem credible. when you do the math the numbers don't add up. you know, it's funky and it's bogus, bogus labor statistics, bls and i don't think the american people are going to be fooled because they use their common sense, wait a second. i'm not in a job that i should be in. my neighbor's unemployed. my aunt, my uncle, whoever, there. and absolutely, my son won't move out of the house and this is the problem that people are facing. >> he's only six years old. >> i don't tolerate underachievers at all. you get a paper route or something. (laughter) >> what do you think, greg? >> well, it's the democrats celebrating the job numbers like the dawner party celebrating the
both campaigns are seeing in their focus groups and polling, which is that people don't feel like the economy is great. maybe it's a certain percentage. >> right. >> feels like it's getting better, but 63% of the country think things are going in the wrong direction, it might be a mistake for the obama campaign to come out and tout this too much to look like they're praising something that really isn't that good? >> it doesn't seem credible. when you do the math the numbers...
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the economy right now? is there too much? mr. president, should there be more? this is a two-minute segment to start. >> regulation is essential. you cannot have a free market work if you do not have regulation. i need to know the regulations. you cannot have people opening of things in their garage and making loans. you have to have regulations regulation can become excessive. >> is it excessive now? where? >> in some places, with some of the legislation passed during the president's term, it has become excessive. it has hurt the economy. for example, dodd-frank designates banks too big to fail. this is an enormous boom for new york banks. there have been 122 community and small banks have close since dodd-frank. >> you want to repeal dodd- frank? >> i would repel and replace it. you can i get rid of all regulation. -- you cannot get rid of all regulation. there are some parts that make all of the sense in the world. in a transparency, the average leverage limits. thist's let him respond to specific one --
the economy right now? is there too much? mr. president, should there be more? this is a two-minute segment to start. >> regulation is essential. you cannot have a free market work if you do not have regulation. i need to know the regulations. you cannot have people opening of things in their garage and making loans. you have to have regulations regulation can become excessive. >> is it excessive now? where? >> in some places, with some of the legislation passed during the...
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where is our economy now? david nelson is the chief strategist for bell point asset management. great to see you. >> thanks for having me. >> i'm confused. what do you make of the numbers and what are the surveys that go into making the numbers? >> yeah, you're not along with that. when i was in the office and sitting there and saw the 114,000 number in line with a lot of the other data that i look at and saw the unemployment rate down 3/10 of a percent and that's huge. the largest drop since reagan, i nearly fell off the chair because i started to add everything up and didn't make sense, 114,000 consistent with the adp numbers, the fact we have a struggling economy, we're barely in positive territory on gdp, a measure of the economy and to the fact na 114,000 is barely enough to even keep up with the birth rate. i started scratching my head so i understand the confusion out there. >> jamie: let me, let me take it out of economic lingo for folks, i try to make it so that everybody can participate and understand. it sounds to me like when you saying the gdp. we're not producing m
where is our economy now? david nelson is the chief strategist for bell point asset management. great to see you. >> thanks for having me. >> i'm confused. what do you make of the numbers and what are the surveys that go into making the numbers? >> yeah, you're not along with that. when i was in the office and sitting there and saw the 114,000 number in line with a lot of the other data that i look at and saw the unemployment rate down 3/10 of a percent and that's huge. the...
WHUT (Howard University Television)
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we very much still have a crisis in our economy. one out of two americans are in poverty or living at a low income and headed towards poverty. about 25 million people are either jobless or working in jobs that do not pay living wages. there are millions of people who lost their homes, approximately 8 million. there is no end in sight to the foreclosure crisis. we have an entire generation of students who are effectively indentured servants, who are trapped in a forgiving loans and do not have the jobs to pay them back -- and for giving loans and do not have the jobs to pay them back. we very much need new solutions. what we hear from both barack obama and mitt romney are essentially a rehash of where we have been not only for the past four years, but certainly for the eight years before that. we're hearing more about deregulating business and wall street, as if we did not having a problem from that already. we're hearing more about tax breaks for the wealthy, and we've seen tax breaks continue over the past many decades across all s
we very much still have a crisis in our economy. one out of two americans are in poverty or living at a low income and headed towards poverty. about 25 million people are either jobless or working in jobs that do not pay living wages. there are millions of people who lost their homes, approximately 8 million. there is no end in sight to the foreclosure crisis. we have an entire generation of students who are effectively indentured servants, who are trapped in a forgiving loans and do not have...
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if people are more confident about the economy, what kind of affect does it have on the economy? >> well, it does to a degree. it really depends if it is trending and, consumer confidence is slowly trending higher. but it is nowhere where it should be, when consumer confidence is really high, you know, you see retailers starting to spends more money and bank starting to lend more, they start to look at the number, quite a bit and right now it has to be in that range where everyone is kind of waiting to see what happens, because the election, is truly a turning point in the country. and it will go one way or the other way and banks, and insurance companies and everybody who spends money in the country, is really waiting to see what happens with the election. >> rick: here's what i am getting at. >> okay. >> rick: one of those guys is going to lose, and a lot of the people who supported that guy, whoever loses, is going to be very upset. and you could imagine their confidence being lowered, as a result of their favorite candidate losing. so if we look ahead, post-election day, and
if people are more confident about the economy, what kind of affect does it have on the economy? >> well, it does to a degree. it really depends if it is trending and, consumer confidence is slowly trending higher. but it is nowhere where it should be, when consumer confidence is really high, you know, you see retailers starting to spends more money and bank starting to lend more, they start to look at the number, quite a bit and right now it has to be in that range where everyone is kind...
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that is a massive bubble that threatens our entire economy. how do the candidates handle this tomorrow night? let's ask chris stirewalt our fox news digital politics editor and host of power play on foxnews.com live, and stewart varney is the host of varney & company on the fox business network. thank you so much for being here. chris i want to start with you. what can either candidate say to grab, you know, america by the lapel and make them understand what each one of them wants to do to change our financial dire straits? >> it's a heck after lot easier for mitt romney on this one since he is the outsider and hasn't been in office and wasn't part of make thag debt and president obama has over seen in fact the unprecedented increase in size of the federal debt, and as a matter of fact in talking to senior people from romney land that is exactly what mitt romney means to do when he gets on that debate stage in denver, is go off the president not just on what romney says are ineffectual policies like the president's healthcare law and stimulus
that is a massive bubble that threatens our entire economy. how do the candidates handle this tomorrow night? let's ask chris stirewalt our fox news digital politics editor and host of power play on foxnews.com live, and stewart varney is the host of varney & company on the fox business network. thank you so much for being here. chris i want to start with you. what can either candidate say to grab, you know, america by the lapel and make them understand what each one of them wants to do to...
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take a listen to bill clinton. >> the economy is not fixed. i'm telling you nobody could have fixed this much damage in four years. but the president's economic plan is better in the short run, better in the long run and a vision of we're all in this together is a heck of a lot better than you're on your own. there is no you're on your own country in the world succeeding like those who have a good we're all in this together strategy. [cheers and applause] none, not one. the challenge for the president tonight though is back in early 2009 he said if he didn't turn around the economy for n. three years it would be a one-term proposition. that's the problem when you are incouple again you have got a record that's going to it be under microscope not just from the moderator but mitt romney as well, shep. >> shepard: it seems he has a strategy of his own for going after mitt romney. >> when you talk about the president's advisors he says this is all policy. the president could be on the defensive talking about jobs, talking about debt. what they are
take a listen to bill clinton. >> the economy is not fixed. i'm telling you nobody could have fixed this much damage in four years. but the president's economic plan is better in the short run, better in the long run and a vision of we're all in this together is a heck of a lot better than you're on your own. there is no you're on your own country in the world succeeding like those who have a good we're all in this together strategy. [cheers and applause] none, not one. the challenge for...
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the economy is an individual experience. you think things are getting better and you know if you have a full time or part time job. you have a white board with you this morning. let's point out some things on that. >> let's remember this. president obama on three measures have numbers that are worst than presidents that lost re-election, carter and bush 41. 7.8% unemployment today, that is higher than the unemployment rate under george h.w. bush of 7.6% an lost re-election. the second quarter gdp number, 1.3%, that is lower than the 4.3% that bush 41 had and he lost. the workforce participation right of 3.36 is lower than what jimmy carter had. president obama's numbers are below every president who has got even reelected and slightly above those of the presidents who got defeated. the question is, is he going to be the bottom of the guys who win or the top of the guys who lose? martha: good question and good white board. we need our glasses some of us to get a close look at that one, but we appreciate all the numbers there.
the economy is an individual experience. you think things are getting better and you know if you have a full time or part time job. you have a white board with you this morning. let's point out some things on that. >> let's remember this. president obama on three measures have numbers that are worst than presidents that lost re-election, carter and bush 41. 7.8% unemployment today, that is higher than the unemployment rate under george h.w. bush of 7.6% an lost re-election. the second...
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Oct 5, 2012
10/12
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we understand is he going to be touching on the economy. let's watch for just a moment. >> the participation of our adults in the workforce were the same as at the time that he got elected. our unemployment rate would be about 11%. people in this country are having a hard time finding a job. people in this country are having a hard time making ends meet even if they do have a job. so it's time to have someone who is elected president who actually has a plan and i do. we will create 12 million jobs and rising incomes. that's the kind of future we need to have for america. [cheers] and you know the things. i have got five things. you heard me talk about them. i don't have to look at notes to know what they're by the way. i know what they're. number one, number one, we're going to take advantage of our energy, our coal, our gas, our oil our nuclear, our renumbers. [. [cheers and applause] >> we're going to double the number of permits on federal lands and federal waters and get the oil off the shore of alaska and build that pipeline from canad
we understand is he going to be touching on the economy. let's watch for just a moment. >> the participation of our adults in the workforce were the same as at the time that he got elected. our unemployment rate would be about 11%. people in this country are having a hard time finding a job. people in this country are having a hard time making ends meet even if they do have a job. so it's time to have someone who is elected president who actually has a plan and i do. we will create 12...
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Oct 2, 2012
10/12
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this approach is the same approach they approach the economy. remember, stimulus worked. we have didn't know how bad it was. wait, i need more time. all over the map. nobody is holding them accountable. >> dana: protect susan rice. >> bob: would you accept leaks of intelligence offices against the office of director of national intelligence. >> andrea: the democrats want to know. >> eric: who in 2010 had to be told by lessy stahl people were arrested in london for terrorist attack? he didn't know himself. >> bob: did he say he told the white house this was -- >> eric: if you hang your hat, our intelligence on that guy, james clapper we're in big trouble. >> bob: oh, i see. you want to talk about falsehoods but you don't agree with them? >> greg: obama's -- [ inaudible ] >> andrea: real quick, wouldn't you love to see bob at the state department working calling the countries two-bit country? you would have been an excellent diplomat. >> bob: i did. i got in trouble. >> andrea: i can't imagine. solve all of our problems. >> dana: coming up, we'll switch gears. arnold schwar
this approach is the same approach they approach the economy. remember, stimulus worked. we have didn't know how bad it was. wait, i need more time. all over the map. nobody is holding them accountable. >> dana: protect susan rice. >> bob: would you accept leaks of intelligence offices against the office of director of national intelligence. >> andrea: the democrats want to know. >> eric: who in 2010 had to be told by lessy stahl people were arrested in london for...
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Oct 4, 2012
10/12
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, you shouldn't raise taxes on anyone. >> now, when the president said that, the economy was growing at 2.3%, the latest quarter was revised downward to 1.3%. the president stuck to his guns in the debate last night, still calling for an increase in taxes on the better off. bret? >> bret: governor romney got into the weeds and he didn't have the chalk board. >> no, he was pretty smooth on this. he was ready. >> all right. thank you. al gore has an explanation for what happened in last night's debate and i promise you, you're probably not going to believe it. that's later. up next a much more serious conscience of the internal debate after the u.s. attack in libya it's time for swanson flavor boost. concentrated broth in easy to use packets. mix it into skillet dishes, for an instant dose of... hell-o! [ female announcer ] get recipes at flavorboost.com. like in a special ops mission? you'd spot movement, gather intelligence with minimal collateral damage. but rather than neutralizing enemies in their sleep, yoargeting stocks to trade. well, that's what trade architect's heat maps do.
, you shouldn't raise taxes on anyone. >> now, when the president said that, the economy was growing at 2.3%, the latest quarter was revised downward to 1.3%. the president stuck to his guns in the debate last night, still calling for an increase in taxes on the better off. bret? >> bret: governor romney got into the weeds and he didn't have the chalk board. >> no, he was pretty smooth on this. he was ready. >> all right. thank you. al gore has an explanation for what...
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two trillion dollars annually that edges over that creates the american economy known as a mitt romney correctly pointed out last night without regulations you don't have it on hand and i don't want to rule over a soccer game and no one is talking about eliminating the regulatory state but we have to look at the fact that you were on a second ago you ride them not only to get entirely but we can if we cut the regulatory state by twenty percent we can create twelve million jobs into low gear i'll give you our. completely rather than of what we've seen president obama in these past four years he's limited more regulation of small business is than george bush did in eight years what the right that is a job is don't know but it was a lot through regulatory guidelines for these unlimited regulation when i go to a tournament i just said limited regulations but regulatory cost regulatory costs under obama have gone up forty five percent the idea of the regulator who according to the small business administration and they they do what they do with a five year snapshot of the regulatory state a
two trillion dollars annually that edges over that creates the american economy known as a mitt romney correctly pointed out last night without regulations you don't have it on hand and i don't want to rule over a soccer game and no one is talking about eliminating the regulatory state but we have to look at the fact that you were on a second ago you ride them not only to get entirely but we can if we cut the regulatory state by twenty percent we can create twelve million jobs into low gear...
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Sep 28, 2012
09/12
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not the first one which is about the economy this coming week. but you have got one on national security and foreign policy coming up. likely to be a big issue because the president is going to press mitt romney and whether he is pushing for actual u.s. military action. >> ed henry at the white house. thank you. we are learning more about the suspect in the colorado movie theater massacre in aurora. according to newly released court documents. prosecutors say that university of colorado barred james holmes from its campus after he threatened a professor. court officials did not release that person's name but the allegation does conflict with previous statements from university officials who had said they denied holmes access to nonpublic areas because he dropped out of school. other court documents show the defense denies the prosecution's allegations. police say that back in july james holmes killed 12 people and wounded a dozen more during a mid night screening of the latest batman movie. alicia acuna live in our rockie mountain newsroom it's o
not the first one which is about the economy this coming week. but you have got one on national security and foreign policy coming up. likely to be a big issue because the president is going to press mitt romney and whether he is pushing for actual u.s. military action. >> ed henry at the white house. thank you. we are learning more about the suspect in the colorado movie theater massacre in aurora. according to newly released court documents. prosecutors say that university of colorado...
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Oct 2, 2012
10/12
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americans are very unhappy with the economy, the president says he's unhappy too. is his challenge to explain how the next four years would be any different? and if you look at his convention speech i'm not sure there is any difference. >> you know i think that his great challenge is the same challenge that governor romney faces tomorrow night, which is to be relaysable an rerelatable and likable. likability really does matter. gregg: you don't think people really want specifics, tell me mr. president how the next four years is any different. >> you know, gregg you have to balance style with substance. the fact is they'll have to run against their narrative in a time of great economic want. you've got a very, very wealthy man who is running. i'm not saying he can't relate to the poor but governor romney is going to have to do that. president obama is someone who is prove sore kwral and known for his excellence. gregg: insanity is doing the same thing over and over and expecting a different result. the president has been described in past debates as no drama obama.
americans are very unhappy with the economy, the president says he's unhappy too. is his challenge to explain how the next four years would be any different? and if you look at his convention speech i'm not sure there is any difference. >> you know i think that his great challenge is the same challenge that governor romney faces tomorrow night, which is to be relaysable an rerelatable and likable. likability really does matter. gregg: you don't think people really want specifics, tell me...
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Oct 1, 2012
10/12
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the message that can elect romney, really, the one fundamental to his entire -- >> neil: the economy. >> eric: hello, i'm eric bolling with andrea tantaros, bob beckel, dana perino, greg gutfeld. it's 5 verz in new yor 5:00 in . this is "the five." ♪ ♪ >> eric: think the war on terror is over? not even close. exhibit "a," this taliban commander revealing the partnership with a bold and powerful new al-qaeda. their target? america. >> these are taliban attacks. this is part of our new military strategy. we have our people in the afghan police, and the army. >> what skills do the al-qaeda tighters bring? >> they are masters of everything. for example, making i.e.d. something we don't know how to do. but they are teaching us. they are also master engineers and good with all weapons. >> eric: today a car bomb killed three more americans bringing the casualty count to 2,002. listen to president obama in las vegas just yesterday. >> al-qaeda is on the path to defeat and usama bin laden is dead. [ applause ] >> eric: are you sure? listen to this. >> kind of has come back. al-qaeda a resi
the message that can elect romney, really, the one fundamental to his entire -- >> neil: the economy. >> eric: hello, i'm eric bolling with andrea tantaros, bob beckel, dana perino, greg gutfeld. it's 5 verz in new yor 5:00 in . this is "the five." ♪ ♪ >> eric: think the war on terror is over? not even close. exhibit "a," this taliban commander revealing the partnership with a bold and powerful new al-qaeda. their target? america. >> these are...
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Oct 4, 2012
10/12
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you do caught in have all the details on closing the deductions, how, exactly, that accelerates the economy to a point without making it up on the back end. >>trace: the president, again and again, michael, he said the governor plans to raise taxes or lower taxes by $5 trillion and a couple trillion on top of that and this is how governor romney responded, and i want your reaction. >> you and your running mate say that and i know it is popular to say with a lost people but it is not the case. i have five boys. i'm used to people saying something that is not always true but keep on repeating it and hoping i will believe it. that is not the case. >>trace: when you get the $5 trillion number it was extrapolated from one year and this is also blown out of proportion. >>guest: the $5 trillion is from what we know of the plan, and it is a third-party estimate of the ten-year effect, so you have tremendous number of assumptions, the size of the economy and that is where the number comes from. it sounds more enormous than it is but this is debate if another time. what it says, you have to have cert
you do caught in have all the details on closing the deductions, how, exactly, that accelerates the economy to a point without making it up on the back end. >>trace: the president, again and again, michael, he said the governor plans to raise taxes or lower taxes by $5 trillion and a couple trillion on top of that and this is how governor romney responded, and i want your reaction. >> you and your running mate say that and i know it is popular to say with a lost people but it is not...
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melted down two thousand is in-style bring all businesses are bigger now but the economy has grown. frank didn't solve any of the problems is systemic problems we had wall street it didn't do anything to go it that so so would you suggest that we break up the big banks no way i think we should repeal dodd frank. you don't like god frank is it doesn't break up the big banks when they wouldn't want to is that got me an annoyed me about this debate last night is that jim lehrer's question was about the regulatory state and all of us on the president turns it to to an issue of dodd frank and the fact is that we cannot as a society ignore the fact that we have a regulatory state that cost the american economy two trillion dollars annually and sort of is over that creates the american economy no going to has a mitt romney correctly pointed out last night without regulations you don't have to go on and on and i don't want to rule over a soccer game but no one is talk. about eliminating the regulatory state but we have to look at the fact that you were on a second ago you were i don't know
melted down two thousand is in-style bring all businesses are bigger now but the economy has grown. frank didn't solve any of the problems is systemic problems we had wall street it didn't do anything to go it that so so would you suggest that we break up the big banks no way i think we should repeal dodd frank. you don't like god frank is it doesn't break up the big banks when they wouldn't want to is that got me an annoyed me about this debate last night is that jim lehrer's question was...
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Oct 6, 2012
10/12
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and sticking with the economy. gas prices reaching an all-time high in one state. that plays in to the economy especially where people are seeing upards to five dollars a gallonon and a serve of deadly attacks. they are known as green on blue attackings. oliver north is embedded with our troops and he joins us live next. and a u.s. navy seal who made the ultimate sacrifice for our nation is honored. we'll show you the u.s. navy is choosing to remember his name . [ male announcer ] this is sheldo whose long day setting up the news starts with arthritis pain and a choice. take tylenol or take aleve, the #1 recommended pain reliever by orthopedic doctors. just two aleve can keep pain away all day. back to the news. now we need a little bit more... a little bit more vanilla? this is great! [ male announcer ] at humana, we believe there's never been a better time to share your passions... because the results... are you having fun doing this? yeah. that's a very nice cake! [ male announcer ] well, you can't beat them. [ giggles ] ohh! you got something huh? whoa... [ mal
and sticking with the economy. gas prices reaching an all-time high in one state. that plays in to the economy especially where people are seeing upards to five dollars a gallonon and a serve of deadly attacks. they are known as green on blue attackings. oliver north is embedded with our troops and he joins us live next. and a u.s. navy seal who made the ultimate sacrifice for our nation is honored. we'll show you the u.s. navy is choosing to remember his name . [ male announcer ] this is...
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Oct 4, 2012
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martha: the economy dominated the discussion. toot question is, does anybody out there think that the big problem we had is that there was too much oversight and regulation of wall street? because if you do, then governor romney is your candidate. but that's not -- >> that's not the facts. we have to have regulation on wall street. that's why i would have regulation. but i wouldn't designate five banks as too big to fail and give them a blank check. that's one of the unintended consequences of dodd-frank. it's killing regional and small banks. martha: is today a new day for that man, mitt romney? that one of the big questions everybody is talking about. here with reaction from the romney cam is artur davis, the co-chair for president obama's 2008 campaign but he is now a supporter of governor romney. >> good morning. you are is a said a supporter now. you had one of the prominent speeches at the rnc this year. what did you think of how your man did last night? >> i think had the most decisive begin in deet bait any scd candidate
martha: the economy dominated the discussion. toot question is, does anybody out there think that the big problem we had is that there was too much oversight and regulation of wall street? because if you do, then governor romney is your candidate. but that's not -- >> that's not the facts. we have to have regulation on wall street. that's why i would have regulation. but i wouldn't designate five banks as too big to fail and give them a blank check. that's one of the unintended...
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Sep 30, 2012
09/12
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we're hurting the economy. unless we change the laws, the regulations that implement them will state. lori: can you tell me or is it fair to suggest that these burdensome costs are actually shaving points of gdp? >> there is no question about that. again, if i told you there have been a $500 billion tax increase will be talking and howard slow gdp growth. we know the debt burden is slowing gdp growth. its other shock that we are crawling along at something under one-and-a-half percent because we have an economy that has to many burdens. large new spending programs, large debt, and now large regulatory burden. lori: the most costly federal agencies of the epa, department of housing and human services. ideas for cuts? baena we are locked in as we are talking about, but going forward . >> you have to go to the epa and ask a very, very serious question. what point have we crossed the line with a green agenda is crushing the jobs agenda. i think that is a place where we ought to start. think hard about has been goin
we're hurting the economy. unless we change the laws, the regulations that implement them will state. lori: can you tell me or is it fair to suggest that these burdensome costs are actually shaving points of gdp? >> there is no question about that. again, if i told you there have been a $500 billion tax increase will be talking and howard slow gdp growth. we know the debt burden is slowing gdp growth. its other shock that we are crawling along at something under one-and-a-half percent...
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Oct 6, 2012
10/12
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so, all of the uncertainty is having a depressing effect on the economy. and, that is not good for the -- not good for president obama. >> gregg: john, what about taxes? 9 in 10 americans will see an average tax increase in january of $3,500, when the bush tax cuts expire and the payroll tax holiday expires. middle income households, that is to say those with between 40 and $64,000, will see a tax hike of roughly $2,000 and the closer we get to that and closer to the election, and people will say, goodness, my taxes are going to go up, that is going to impact their vote, won't it? >> it depends how they look at this, because one way to look at it is, there was a bill in the house, republicans opposed, that would have -- the effect would have been the taxes would not have gone up for the middle class, so, how do the voters see that? i don't know, they may be concerned about tax hikes. but, you know, if we want to look at what is best for the economy, long term, i think long term we should look at the rates under clinton and a good chunk of ronald reagan's o
so, all of the uncertainty is having a depressing effect on the economy. and, that is not good for the -- not good for president obama. >> gregg: john, what about taxes? 9 in 10 americans will see an average tax increase in january of $3,500, when the bush tax cuts expire and the payroll tax holiday expires. middle income households, that is to say those with between 40 and $64,000, will see a tax hike of roughly $2,000 and the closer we get to that and closer to the election, and people...
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Oct 5, 2012
10/12
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. >> most folks are going to work, they believe enough in this economy to seek or get jobs that's really significant. >> reporter: the nation added 114,000 jobs in september, modest number about wt economists were expecting. the government reported upward revision for july and august. 86,000 jobs added over those two months. after president obama's weak debate performance wednesday, democrats are hoping this positive economic news can be a potential boost. >> the president: today's news certainly is not an excuse to try to talk down the economy to sre a few political points. it is a reminder that this country has come too far to turn back now. >> reporter: mitt romney responded to the jobs report, this is not what a real recovery looks like. former ceo of ge jack welsh ignited a twitter storm this morning when he accused the obama administration of manipulating the numbers for political gain. >> there are always charges of manipulation on either side that's conspiracy thinking. >> reporter: the bureau who put out the jobs report are infrom the political process some republicans say welsh
. >> most folks are going to work, they believe enough in this economy to seek or get jobs that's really significant. >> reporter: the nation added 114,000 jobs in september, modest number about wt economists were expecting. the government reported upward revision for july and august. 86,000 jobs added over those two months. after president obama's weak debate performance wednesday, democrats are hoping this positive economic news can be a potential boost. >> the president:...
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Oct 4, 2012
10/12
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the economy right now? is there too much? mr. president, should there be more? this is not in -- this is a two- minute segment to start. >> regulation is essential. you cannot have a free market work if you do not have regulation. i need to know the regulations. you cannot have people opening of things in their garage and making loans. you have to have regulations for an economy to work. regulation can become excessive. >> is it excessive now? where? >> in some places. with some of the legislation passed during the president's term, it has become excessive. it has hurt the economy. for example, dr. frank -- dod rank -- dod -frank dissipates banks too big to fail. this is an enormous boon for new york banks. there have been 122 community and small banks have close since dodd-frank. >> you want to repeal dodd- frank? >> i would repel and replace it. there are some parts that make all of t sense in the world. in a transparency, the average once -- leverage lemons. --limits. >> of us to let him respond to this
the economy right now? is there too much? mr. president, should there be more? this is not in -- this is a two- minute segment to start. >> regulation is essential. you cannot have a free market work if you do not have regulation. i need to know the regulations. you cannot have people opening of things in their garage and making loans. you have to have regulations for an economy to work. regulation can become excessive. >> is it excessive now? where? >> in some places. with...
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Oct 1, 2012
10/12
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some say the city of henderson is a microcosm of the economy we have seen over the past few years. yet the latest polls show the race in nevada is neck and neck and that is causing -- ed henry live in vegas. hey, ed. >> the president -- they are calling it debate camp in henderson. 20 miles from where i am right now it's an opulent resort known as lake las vegas that is symbol i of the boom and bust. that whole lake las vegas resort where the president is doing his debate prep. it's modeled after an italian village. it went bankrupt the last few years. it's now sort of coming back and the president is hoping that is a microcosm that he's pushing this recovery along slowly, not just mere in nevada but all along the country. it's interesting to hear john roberts about chris christie raising expectations for mitt romney. the president at a rally in vegas last night tried to do just the opposite and lower expectations. >> i know folks in the media are speculating already on who is going to have the best zinger. [you are [. >> i don't know about that. who's going to put the most points
some say the city of henderson is a microcosm of the economy we have seen over the past few years. yet the latest polls show the race in nevada is neck and neck and that is causing -- ed henry live in vegas. hey, ed. >> the president -- they are calling it debate camp in henderson. 20 miles from where i am right now it's an opulent resort known as lake las vegas that is symbol i of the boom and bust. that whole lake las vegas resort where the president is doing his debate prep. it's...
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Oct 1, 2012
10/12
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economy was in a recession. we only heard it was in recession from the nber eight to nine months later. in fact in the most latest downturn from 2007 to 2009, we basically, that was called, that recession was called in 2010. so you may hear after the fact that the u.s. economy was in a recession and it's not just two consecutive quarters of negative gdp growth. the nber, the national bureau of economic research, again they are the umpires who call u.s. recessions. they look across a range of data including productivity, employment numbers and the like. so it is not just that thumbnail, you know, two quarters, two consecutive quarters of negative growth. they get to call it and we haven't heard them yet. they're staying mum on this now. back to you. jenna: that would change the die namic in the political conversations. great reminder that data is mostly backward looking. >> reporter: that's right. jenna: liz, thank you. >> reporter: sure, delighted. gregg: president obama and democrats continue to criticize gover
economy was in a recession. we only heard it was in recession from the nber eight to nine months later. in fact in the most latest downturn from 2007 to 2009, we basically, that was called, that recession was called in 2010. so you may hear after the fact that the u.s. economy was in a recession and it's not just two consecutive quarters of negative gdp growth. the nber, the national bureau of economic research, again they are the umpires who call u.s. recessions. they look across a range of...
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Oct 1, 2012
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we know the economy is slowing dramatically. we know income is down. and we know that buying power is down. that's over the last 3 1/2 years and bringing us up to the current state. if we have a second term and the president raises taxes, keeps regulation in place and keeps running up the massive debt. that's where the word recession comes in. current policies have failed to continue them into next year would possibly mean a recession in the year 2013. very significant with five weeks to go to the election. bill: the gdp is 1.3? that's like belgium. why are stocks up, stuart? >> reporter: that's a very good question. normally when the market heads south you -- normally when the economy heads south the market heads south. but ben bernanke is propping it up. martha: we have a jam packed show for you today. both candidates are hunkered down getting ready for wednesday night's debate in denver. new numbers show how many voters could still be persuaded. bill: disturbing details in fallout from operation fast & furious. new records of dozens of weapons linke
we know the economy is slowing dramatically. we know income is down. and we know that buying power is down. that's over the last 3 1/2 years and bringing us up to the current state. if we have a second term and the president raises taxes, keeps regulation in place and keeps running up the massive debt. that's where the word recession comes in. current policies have failed to continue them into next year would possibly mean a recession in the year 2013. very significant with five weeks to go to...
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Oct 5, 2012
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hurting the iranian economy. our purpose with that set of sanctions and an additional set of sanctions i coauthored is to create an economic news on the iranian regime to deter them from seeking nuclear weapons. ability the sanctions have time and prime minister netanyahu suggested it's sometime next year. if the sanctions don't cripple the iranian economy, i think question deter them. if not all options have to be on the table to pursue the national secure interest of the united states. >> that all sounds fine. unfortunately, it doesn't appear that the sanctions are working. too little too late. and it's a very fearful time time for our country, and for the world at large. and so i know that as a member of the senate, i'm going to do everything humanly possible through my vote, through advocacy, and in every other way to make sure that iran never, never gets a nuclear weapon. this is the greatest threat to our country, and to the world. and i just hope that folks watching understand what is at stake. you mention
hurting the iranian economy. our purpose with that set of sanctions and an additional set of sanctions i coauthored is to create an economic news on the iranian regime to deter them from seeking nuclear weapons. ability the sanctions have time and prime minister netanyahu suggested it's sometime next year. if the sanctions don't cripple the iranian economy, i think question deter them. if not all options have to be on the table to pursue the national secure interest of the united states....
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Oct 4, 2012
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that's not going to help us create jobs in our economy. that's not going to turn things around and it's not going to help household incomes rise. >> gretchen: okay. the guy on the other side of the fence who supports president obama, david axelrod, he says that your guy, romney's performance, was a performance. and that president obama will call him out next time. listen to this. >> will he change his approach for the next debate? there will be a rematch. will we see a more adepressive president? >> well, i know he's look very much forward to the debate on the 16th and i'll leave it to the theater critics to decide whether -- how his performance rates on that day. but i know this, he will come, he will make an honest argument with the american people about how he rebuilds the economy and middle class and hold governor romney to account for these big gaffes in the truth that we saw last night. >> gretchen: he didn't really answer the question about whether or not the president would be more aggressive. he went in a different interview to sa
that's not going to help us create jobs in our economy. that's not going to turn things around and it's not going to help household incomes rise. >> gretchen: okay. the guy on the other side of the fence who supports president obama, david axelrod, he says that your guy, romney's performance, was a performance. and that president obama will call him out next time. listen to this. >> will he change his approach for the next debate? there will be a rematch. will we see a more...
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Oct 4, 2012
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of the economy right now? is there too much? and in your se, mr. president, should there be more? beginning with you, this is not a new two-minute segment. we'll go for a few minutes and then we're going to go to health care. okay? >> regulation is essential. you can't have a free market work if you don't have regulation. as a business person, i had to have -- i needed to know the regulations. i needed them there. you couldn't have people opening up banks in their garage and making loans. you have to have regulations so that you can have an economy work. every free economy has a good regulation. at the same time, regulation can become excessive. >> is it successful now? >> in some places, yes. it could become out of date. what's happening with some of the legislation passed during the president's term, you've seen regulation become excessive and it's hurt the economy. dodd-frank was passed, and it includes provisions that have it telling banks too big to fail. this is the biggest kiss that's been given to new
of the economy right now? is there too much? and in your se, mr. president, should there be more? beginning with you, this is not a new two-minute segment. we'll go for a few minutes and then we're going to go to health care. okay? >> regulation is essential. you can't have a free market work if you don't have regulation. as a business person, i had to have -- i needed to know the regulations. i needed them there. you couldn't have people opening up banks in their garage and making loans....
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Oct 6, 2012
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, we still have a weak economy. the other problem if you keep spending at the level we are now, you eventually will either go bankrupt and have some sort of debt crisis or you'll have to raise taxes on the middle class. so, when it comes to the charges and counter charges about raising taxes on the middle class, i think the president is much more likely to do it than mitt romney is. >> alisyn: here is what critics say about mitt romney's plan and the middle class, because he hasn't been specific, and going to cut the overall tax bracket and loopholes. and they say where does the mortgage deduction goes away, that hits the middle class. >> so the trick would be you cut the rate enough that you're evening it out. look, he doesn't want to talk about specifics, wants to be extremely controversial, let's be frank, if he talks about specifics, every democrat in the country will have to be dead set and opposed and lockout into the specifics. >> mike: if i want to buy a car, i want to know what's inside the car. don't we ne
, we still have a weak economy. the other problem if you keep spending at the level we are now, you eventually will either go bankrupt and have some sort of debt crisis or you'll have to raise taxes on the middle class. so, when it comes to the charges and counter charges about raising taxes on the middle class, i think the president is much more likely to do it than mitt romney is. >> alisyn: here is what critics say about mitt romney's plan and the middle class, because he hasn't been...